Life Insurance

Compulsory Liquidation & Investigation

Appointed as Court Supervised Liquidators following a creditor’s petition granted on the basis that it had paid deposit monies to the company in return for receiving traded life policies but such policies were never received nor the deposit monies returned. Our work involves investigating the financial position of the company to ascertain if the company has any assets, conducting a cash tracing exercise to identify the fund flows, including deposits paid, and investigating whether there is recourse to any alternative sources of recovery for creditors, including legal claims

Key People